I would also consult heavily with your agent as they should have a good idea of what offers are coming through for this property type with rehab required.If you're bringing a cash offer, you can generally be more aggressive (ie lower) with your initial offer.  

You WILL need a license to do any kind of commission based work in this state and the laws have been setup to block wholesalers pretty heavily.

You have far more to contribute than simply cutting and pasting the same reply.Mattia,this scheme was prevalent in the Baaken oil fields in North Dakota and marketed heavily to Australians.. the projects were abject failures with total capital loss's.you simply want to make sure who ever your doing this with is VERY strong financially.

All I am saying is with any investment, do your homework and if something sounds too good to be true....If anyone wants to pm me with questions or for more insight into our area or the section 8 program (which these companies seem to be heavily advertising with) and some of the changes the program has seen locally in the last year, feel free to reach out. 

Our market is heavily influenced by Fort Hood and if every soldier deployed real estate investors here will be in serious trouble.  

Another thing to look for is a brokerage that is heavily involved in property management.

Put for rent sigsn and advertise heavily.

.); break it down to $5k each one in a cashier check or money order -- yep, those are valuable.Read all the fine print.Get pre-approved before going so you know you can close on the deal, supposing you are getting a deal.Make sure you know the local market -- very important, so if you have to flip, you can without losing too much.Positive:Less people attend compared to the larger ones that are heavily advertised.Might get a good deal, especially if you are one of the few with cash on hand to purchase.

I agree with the previous poster (on mobile, so I can’t see your name, sorry): it is very difficult to quantify this, and is heavily dependent on the area and the property.

If its the one I am thinking, in addition to not being able to rebuild the lower units due to zoning, its also very heavily termite damaged.